305 E Leaming Avenue

$890,000

About This Property

Almost Beach Block. This property consists of 2 buildings. The main house in the front is a 2 story 5 bedroom 3 bath home with 2 front porches that have ocean views. The front house produces 3,,000 to 4,000 per week The rear building is a 2 story structure with with a (1) bedroom unit, a (2) bedroom unit and a (4) bedroom unit with 2 bath. All 4 units have updated kitchens within the past several years. Strong rental history. Appointments in advance are necessary as some of the units are occupied on a short terms basis. Located in the southern end of Wildwood City where the Convention Center is located and the boardwalk shops, stores and restaurants begin. You are close to everything, but not in the middle of everything. Year to date gross income i $156,164. Currently the property is stabilized with winter tenants.

Essential Information

MLS® #203904
Price$890,000
TypeMulti-Family
Sub-TypeFour-Plex
StatusACTIVE

Community Information

Address305 E Leaming Avenue
AreaWildwood
CityWildwood
StateNew Jersey

Amenities

ParkingCarport
ViewWater View

Interior

Heating

Gas Natural, Forced Air, Space/Wall/Floor

Cooling

Central Air, Wall Air Conditioning

Exterior

Exterior FeaturesPorch, Waterview

Additional Information

Date ListedOctober 6th, 2020
Days on Market109

Listing Details

Office

Cape May County Real Estate Brokers LLC

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Cape May, NJ
08204

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